ABC business had $350,000 total sales in 2019 and 35% CM ratio. If its sales is to be increased by $100,000 in 2020, please calculate how much will increase in its net income in 2020.

Q1 Selling price per unit $21

VC per unit $13

Fixed Cost $57,000

Sales volume or units sold or sales in unit 21,000

1) Please calculate the Total Sales, Total VC, Total CM and Net Income

2) If the sales volume increase by 15%, please calculate the new income statement

3) What is the CM ratio (using the original info provided) ?

4) What is the Break-even point in unit and in dollars(using the original info provided)?